Not all hope’s lost, even after Bankruptcy!

In the simplest of words, bankruptcy is the most unfortunate financial event that can happen to a person or an organization. Most people would consider it as rock bottom, as the uphill battle after bankruptcy is extremely difficult.

But, make no bones about it! If you’re having financial difficulties, now is not the time to let fate have its way with you. The federal system of the United States is designed to help you in this event of turmoil, but you will only be able to make full use of it if you know how to go about it.

What’s the solution?

The first thing you need to do is hire a bankruptcy attorney from New York or from wherever you live. Explain your situation to the lawyer, and tell him the following things:

1. What led to this situation
2. What payments you have to make
3. How much money you owe to lenders, banks, etc.
4. What current source(s) of income you have
5. How much time you need to be able to pay off your all your debts
6. What assets you have to your name

An attorney will help you present your case in a court of law, in a way that you can get maximum benefit. The very first thing that that you need to know is what chapter to file under. A bankruptcy lawyer would carefully analyze your situation and let you know if you should file under chapter 7 or chapter 13.

How will you benefit?

The idea of filing for bankruptcy is to gain the ability to pay your debts over an acceptable period and/or have the interest rate waved off to a certain extent. If you file for bankruptcy successfully, you will not just be able to get back on your feet, but also be able to avoid being humiliated or harassed by lenders, or whoever, you own money to.

It is not always necessary that you became bankrupt because of your own fault. It is common to see people getting injured, sick, or having to take the brunt of someone else’s actions in one way or the other. Regardless of why you choose to declare bankruptcy, everybody deserves a second chance.

Employment-Based Immigration explained in detail!

A foreign national can work in the United State by obtaining a visa via employer sponsorship. A person cannot apply for this if he is not being sponsored by a willing employer, who is ready to be a petitioner during the application procedure. 

Companies can choose to hire a foreign worker, but they must follow the stated legal protocols. For this, the company will have to make a petition on behalf of the immigrant. This makes the employer a sponsor giving the worker a right to be employed in the US for the specified duration.

Once visa has expired; the person will have to return to his native country, unless some other employer is willing to employ him. The US authorities issue various types of visas across different categories. For example, H-1B  is issued to people in specialty occupations who have a Bachelors degree. Other than that, nonimmigrant visas like student and tourist permit will allow the person to remain in the country for a short period.

Although companies have right to hire foreign workers, as per labor rules of the country, a company must make good efforts to fill the vacant position by first trying to hire a US professional.

The company has to advertise the vacant position and try to recruit for it in the country first. If an employer fails to recruit a good employee from within the country, he can then submit an application for hiring a foreign national.

Only after an employer has received labor certification approval, he can hire a foreign national. Once the petition is approved, the foreign immigrant must request for green card via adjustment process, if the person is already residing in the country. If the immigrant is coming from overseas he can obtain it via consular process.

In a few cases, foreign workers don’t need to apply for the labor certification before requesting for a green card. Workers in a few categories are exempted from applying for labor certification procedure. Those employed in ‘employer first preference’ category, or those who have extraordinary talent in science, art, education, or business field, don’t have to go through this process.

To make the entire procedure less troublesome and more streamlined, work with a good immigration lawyer in Queens. Legal help will assist you at every step of the case.